This chart shows that the pace of U.S. technology progress has dropped by one-third since 1982. Why? U.S. CEOs reduce R&D, harming productivity, and use the savings to spike profits over the next quarter or year to reap stock options. They sell the future...
This chart shows that U.S. CEOs suppress “worthwhile” investment in new “very valuable” projects, using the savings to boost quarterly earnings and spike stock prices.
